The New Zealand dollar is leading losses across major currencies, declining by 0.61% as the US dollar strengthens against a broad group of international peers. The Australian dollar is also under pressure, falling 0.53%, while the Polish zloty, euro, British pound and Japanese yen are recording smaller declines. The latest currency movements indicate a broad-based […]
The USD/JPY pair stages a modest recovery from the 157.25 area, or fresh weekly touched during the Asian session on Friday, and climbs to the 158.00 neighborhood in the last hour. Spot prices now seem to have snapped a two-day losing streak, though the upside seems capped as traders might opt to wait for the […]
Asian currency markets are showing mixed performance, with the Indian rupee falling 0.33% to become the weakest performer in the latest foreign-exchange update. The Japanese yen and New Zealand dollar lead gains, appreciating by 0.31% and 0.30%, respectively, while the Chinese yuan records a smaller increase of 0.07%. The South Korean won remains little changed, […]
Global currency markets are seeing broad strength across several major currencies, with the Mexican peso leading the latest gains after appreciating 1.17%. The New Zealand dollar and Norwegian krone also record notable advances, while sterling and the euro strengthen against the US dollar. The Japanese yen posts a smaller gain, adding to the positive performance […]
The Japanese yen has strengthened towards 157.5 per US dollar, reversing a two-day decline as renewed pressure on the US dollar and increased demand for safe-haven assets support the Japanese currency. The latest movement follows early US election polling suggesting the possibility of a Democratic takeover of both chambers of Congress. The prospect has increased […]
EUR/JPY inches lower after posting modest gains in the previous day, trading around 176.70 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is holding just above the nine-period Exponential Moving Average […]
The South Korean won is leading losses across major currencies, depreciating by 0.73%, while the Japanese yen also trades lower. The euro is outperforming its peers with a 0.21% gain, while the British pound and US dollar index remain broadly unchanged. The latest currency movements highlight a mixed foreign-exchange market, with weakness concentrated in selected […]
EUR/JPY gains ground after recovering recent losses from the previous trading day, hovering around 176.40 during Asian hours on Monday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below the 50-day […]
The Japanese yen is weakening towards 158 per US dollar, reversing its recent recovery as renewed verbal intervention warnings from Tokyo struggle to provide sustained support. Currency markets remain focused on the Bank of Japan’s (BOJ) next policy move, with upcoming wage data expected to offer further clues on inflation pressures and the possibility of […]
USDJPY came under pressure following the conclusion of the Federal Reserve’s and Bank of Japan’s October meetings. Both central banks decided to leave interest rates unchanged, but differences in their communication point to diverging approaches to the next stages of monetary policy. The message from Tokyo was particularly significant, as policymakers sent a clearer signal […]